Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Australia | Imports and Exports | World | Palm oil | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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1511. Palm oil and its fractions, whether or not refined, but not chemically modifiedAustraliaWorldExportsValue (US$)109,511.0018,353.0065,165.00158,419.00164,270.42711,635.04132,703.59263,857.20275,835.56564,138.89
Value Growth, YoY (%)-83.24255.06143.103.69333.20-81.3598.834.53104.51
ImportsValue (US$)105,093,084.0085,541,872.0089,076,513.0079,097,045.0079,784,278.00107,420,405.7898,377,044.6673,651,240.8165,068,563.7891,146,206.44115,731,467.8093,645,214.78
Value Growth, YoY (%)-13.83-18.604.13-11.200.8634.63-8.41-25.13-11.6540.0726.97-19.08

Where does Australia export Palm oil and its fractions, whether or not refined, but not chemically modified?

Top export destinations of "Palm oil and its fractions, whether or not refined, but not chemically modified" from Australia in 2023:

Exports structure of 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified - from Australia in 2023 represented by the following main commodity groups:

The value of imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" to Australia totalled $ 93 million in 2023. Sales of commodity group 1511 to Australia decreased by 19% in value terms compared to 2022. imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" decreased by $ 22 million (the value of imports of commodity group 1511 to Australia was equal to $115 million in 2022)

Imports of commodity group 1511 "Palm oil and its fractions, whether or not refined, but not chemically modified" accounted for 0.032% of total import flow to Australia (in 2023, total imports to Australia amounted to $ 287 billion). The share of commodity group 1511 in total imports to Australia decreased by 0.004 p.p. compared to 2022 (it was 0.037% in 2022 and cumulative imports to Australia were equal to $ 309 billion).

Imports of commodity group 1511 reached 12.5% of total imports of group "" to Australia in 2023 (imports of commodity group to Australia totalled $743 million in 2023). The share of purchases of commodity group 1511 in imports of commodity group to Australia went down by 0.662 p.p. compared to 2022 (it was 13.2% in 2022, and imports of commodity group to Australia accounted for $873 million).

Where does Australia import Palm oil and its fractions, whether or not refined, but not chemically modified from?

Top trading partners (import of "Palm oil and its fractions, whether or not refined, but not chemically modified") of Australia in 2023:

  • Malaysia with a share of 94% (88 million US$)
  • Singapore with a share of 4.51% (4.22 million US$)
  • Colombia - 243 thousand US$
  • Japan - 223 thousand US$
  • Belgium - 107 thousand US$
  • China - 64 thousand US$
  • Indonesia - 56 thousand US$
  • Ghana - 36 thousand US$
  • Sierra Leone - 24 thousand US$
  • Nigeria - 23 thousand US$

Imports structure of 1511 - Palm oil and its fractions, whether or not refined, but not chemically modified - to Australia in 2023 represented by the following main commodity groups:

  • 99% (93 million US$): 151190 - Palm oil, other than crude, & fractions thereof , whether or not ref. but not chemically modified
  • 0.02% (19.4 thousand US$): 151110 - Palm oil, crude

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Australia | Imports and Exports | World | Palm oil | Value (US$) and Value Growth, YoY (%) | 2012 - 2023